Papa John’s sales, shares plunge amid battle with founder

Papa John’s stock drop worsened yesterday after the company reported a drop in sales at domestic stores.

The Kentucky-based company posted a same-store sales decrease of 6 percent at North American restaurants.

Quarterly revenue dropped by more than 5 percent to $408 million.

The results were reported amid a continuing battle with ousted company founder John Schnatter.

Read more from Fox Business.